SMA, in collaboration with Solar Pacific Energy Corporation (SPEC), a subsidiary of Philippines-headquartered renewable energy company Altenergy, has successfully commissioned the large-scale solar-plus-storage project in the Pacific Island nation of Palau.
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Recent pricing trends show standard industrial systems (1-2MWh) starting at $330,000 and large-scale systems (3-6MWh) from $600,000, with volume discounts available for enterprise orders.
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Solar panel prices have fallen to 64 cents per watt this year from about $2 at the end of 2010, according to Bloomberg New Energy Finance. The cost of polysilicon, the raw material used in most panels, last month fell to $13.
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Who is launching Palau's first solar PV + battery energy storage system? Alternergy Holdings Corp.
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